Prices, gas, 'utensils getting raised'
CNN Video: Food Prices Rise
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CNN Video: Food Prices Rise
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Is the video working for anyone else? I tried that link in three different browsers but the video screen just showed up blank on all three.
But if this is another "prices are rising" video, I don't see why anyone should be surprised by this. As recently as last year, people were still trotting out that same old line of "Well they pay *so* much more for gas in Europe, we actually have cheap gas and maybe that's artificially low and should go up."
What those people don't realize is that the price of gas affects everything else - anything that needs to be grown, manufacturered, or transported - at some point in the process gas is needed. And when the price of gas goes up, the price of whatever that thing is you're growing, manufacturing, or transporting also goes up.
But if this is another "prices are rising" video, I don't see why anyone should be surprised by this. As recently as last year, people were still trotting out that same old line of "Well they pay *so* much more for gas in Europe, we actually have cheap gas and maybe that's artificially low and should go up."
What those people don't realize is that the price of gas affects everything else - anything that needs to be grown, manufacturered, or transported - at some point in the process gas is needed. And when the price of gas goes up, the price of whatever that thing is you're growing, manufacturing, or transporting also goes up.